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Thetafuel

Can #TFUELUSDT Ignite a Bullish Run from the Demand Zone?Yello! Is #ThetaFuel (#TFUELUSDT) poised for a breakout? Let's look at the latest analysis and see what's going to happen next: 💎Currently, #TFUEL is trading within a crucial demand zone, indicating a high probability of a bullish move. The token has been navigating a descending resistance trend for some time, but recent price action shows strong momentum within the $0.066-$0.071 range. 💎This zone is crucial for sustaining momentum. If SEED_DONKEYDAN_MARKET_CAP:TFUEL can maintain its current trajectory, the next target is the key resistance level at $0.115. 💎But what happens if the price fails to hold at the major support between $0.066 and $0.071? In this case, we'll be looking for a retest of the lower support around $0.056. A successful retest here could confirm a robust bullish reversal, setting the stage for a potential breakout above the major support area. 💎However, caution is warranted. If #TFUEL loses momentum and falls below the previous low, this would invalidate the bullish outlook and could lead to a significant price decline. Keep an eye on these critical levels and be ready for whatever comes next. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
THETAUSDT Ascending triangle 2D chart This is my current chart for THETA right now. Currently, I am using long timeframes here because this is a long term trade for me personally. I believe many of us are involved for the long term as well , not a quick money grab. Technical Analysis POV: We have been in a side trend ever since May 15,2022. Pumping hard and crashing hard. Thats what sidetrends are we go up and we go down until we enter a new trend. From the looks of the 2D chart, It looks like we should be attempting a breakout on the "#4?" in the chart. A breakout of the yellow trendline would lead us to a change of the sidetrend into an uptrend. I see low chances of ever reaching 0.7 again or lower, higher chances are we go up right now. I also see a formation of an ascending triangle on the bottom of the chart, which could support my thesis of "this was the bottom". My target price for the long term right now is $3.81 which is more than 300% increase in price. Fundamental Analysis POV Fundamentally, THETA TFUEL has been cooking up A LOT . If you have been in twitter lately, you may know by now what THETA has been up to lately. New partnerships and projects joining THETA's ecosystem as well as more patents for THETAs technology .They just delivered a new roadmap as well and it looks very promising. With the support of ecosystem projects to go live with TNT20 tokens coming up on Q2 any time from April to June price action looks promising. Overall, Q2 looks like a promising month for THETA TFUEL
Long
by CryptoGao1
1
TFUEL/USDT in Perfect Zone to Start a Bull Run? 👀TFUEL Analysis💎Attention, Paradisers! Let's take a closer look at #TFUELUSDT, where the current trends hint at an optimistic turnaround from a key support area. 💎Reflecting on #ThetaFuel's latest trading patterns, we've noticed a significant 50% downturn from its previous high. However, the steadfast support at $0.045 offers a beacon of hope for an ascending trajectory. 💎The challenge of reaching new milestones or surpassing previous highs has led to a temporary bearish sentiment. Yet, the pivotal $0.045 threshold for SEED_DONKEYDAN_MARKET_CAP:TFUEL is positioned to spark a notable bullish shift upon a fresh evaluation. 💎With an eye towards preemptive action, we have prepared a backup plan. In the event that #TFUEL dips further below this support level, we anticipate a bullish revival initiating from the secondary support at $0.0312. It's important to remember that falling below this point could indicate a longer-term bearish trend. 💎Keep your trading strategies adaptable and stay alert to market fluctuations, Paradisers. Be reassured that the ParadiseTeam is diligently observing these market changes, ready to navigate you through the shifting financial landscapes.
Long
by MyCryptoParadise_Simon
2
TFUEL/USDT Anticipating a Bullish Turnaround from Key Support? 💎 Paradisers, focus on #TFUELUSDT as it's approaching a pivotal moment. The asset is nearing a retest of a key support level, setting the stage for a potential bullish movement. 💎 Reflecting on #ThetaFuel's recent market behavior, it has demonstrated a pattern of breaking above its descending channel and initiating upward trends. Currently, $TFUEL is revisiting its crucial support at $0.03962. There's optimism for a bullish reversal from this level, especially considering its past resilience at the same support, where it previously made an equal low before rallying. 💎 However, in the often unpredictable world of cryptocurrency, #TFUEL traders must remain prepared for various scenarios. Should It struggle to uphold its bullish trajectory from this key support and lose momentum, pivoting to a contingency plan from the lower support level of $0.03764 will be crucial. 💎 A dip below this secondary support level would signal the need for a tactical shift in strategy. Such a scenario would necessitate a reassessment of the bullish outlook and a recalibration of trading strategies in response to the evolving market dynamics. 🌴💰
Long
by MyCryptoParadise
TFUEL/USDT next potential move 🚀 🔥🔥 ThetaFuel today analysis 💎 TFUEL is gearing up for an exciting move. It's currently trading within a descending channel and is on the brink of an upward breakout. 💎 Another key observation is that the price is maintaining strong momentum above the 21 EMA, which further bolsters the potential for a bullish move. 💎 The presence of a demand zone is another crucial factor to consider. We have a clear supply zone, so we expect the price to mitigate that level before deciding on the next move. 💎 The RSI is also indicating that the upward momentum isn't over yet, as it's above 50, signaling a potential upward trend 💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
✳️ Theta Fuel vs Bitcoin | Another One (Name Your Altcoin #43) This is a pattern that we've seen so many times... It is good though because it makes our job easier, having all the charts look very similar or just the same. Theta Fuel, TFUELBTC, has gone through "same pattern": 1) Low hit June/July 2022. 2) Higher low December 2022. (Some Altcoins produced a lower low but this doesn't make any difference for the action that follows). 3) Followed by a bullish breakout. Notice the trading volume is clearly going in favors of the bulls. We have prices trading above EMA50 but below EMA300 and MA200, meaning that this pair is not as strong as many of the others we looked at so far. The potential is still there and all that is needed is patience to ride a nice bullish wave. Since retraces are low volume and short, when the next push comes the bias is remains up. Namaste.
Long
by AlanSantana
3
THETA: SOON TO BREAKOUT.Hello traders, here's an update on THETA in BTC pair for spot trading. Timeframe: 8 hours. Update: Theta token has been a deal breaker for traders in the BTC pair. If you do the backtesting then it has given 40% to 90% profit on the spot. I understand that Theta is under a descending triangle formation and technically it is a bearish pattern but only when it breaks down below the support. If it breaks above the resistance then it becomes a trend reversible pattern. Here's a trade setup if THETA/BTC breaks above the resistance level. Entry: 550 sats to 560 sats. Stop loss: 513 sats. Target 1: 596 sats. Target 2: 632 sats. Target 3: 671 sats. Target 4: 714 sats. Note: We will enter this trade only after the breakout. If you wish to leverage trade use 2x to 3x leverage in BTC pair.
Long
by Dexter_The_Trader
2
Theta Fuel | Bottom Signal ExplainedI mentioned how to spot a bottom based on the volume profile of a trading pair on the Ethereum Classic chart. The volume was low on ETCUSDT so the picture wasn't clear, we can have a better look at it here. Theta Fuel vs Tether (TFUELUSDT) Bottom Volume Looking at the volume for bottom/support confirmation. If we look from January through March 2022 we start with low/flat volume. There is a spike in bear volume in March before a bullish wave. The bear volume before the bullish wave predicts the capitulation phase. After March 2022, volume goes down again as TFUELUSDT starts to drop... A panic force takes over the market and bear volume is at its highest around mid-May, on the first major low. Here is the signal... TFUELUSDT continues crashing and ends up in a lower low, 15-June, but this time the bear volume is lower compared to May which tells us that the bearish momentum is lost. Right after the lower low in mid-June, strong buy volume shows up... In fact, the highest volume ever on this chart. This is the bottom signal explained based on volume. This type of volume dynamic points to a low/support being established, as this happened prices can now grow. Additional bullish signals at this point can support the bottom volume profile analysis. Namaste.
by AlanSantana
4
Theta Fuel | Another "Same Pattern" Breakout + TargetsWe have the usual pattern that we are taking as proof that a bottom/low has been set. This is Theta Fuel (TFUELBTC) and we notice the usual low 12-May, lower low 13-June and then bullish action ensues. We get the "W pattern", bullish divergence, etc. As for TFUELBTC, we can see prices trading above EMA50 which means strongly bullish. The light blue space is always support. The yellow marked space is always for resistance/targets. We see prices, soon, going higher and higher... For several months then drop... Followed by sustained growth. Namaste.
Long
by AlanSantana